There are over 10,000 chartered accountancy firms which use ClearTax software to file GST for their customers.
Extending the verbal duel, he took a jibe at Arun Jaitley saying, "those who says I am seeking job at 80 must know I never presented budget sitting in the parliament."
The tax cuts will have a revenue implication of about Rs 20,000 crore
All eyes are on the GST Council meet that is underway in Guwahati today. CNBC-TV18's Shereen Bhan learns from sources that the rate fitment committee proposes only 62 items to continue in 28 percent bracket.
"The facility to revise Form GST TRAN-1 declaration has been introduced on the GST Portal for taxpayers who had already filed it prior to November 9, 2017," GSTN said in a statement.
The minister of state for coal and mines said that adequate time should be given to the central government to work and people should evaluate its performance after that.
The high-powered committee headed by Union Finance Minister Arun Jaitley is meeting in the Assam city to discuss GST rates.
Punjab, Karnataka and Puducherry, where the Congress is in power, jointly voiced their reservations over glitches with the GST tax-filing network, demanding that real estate and petroleum products be brought under the new regime and the tax rate be kept at no more than 18 per cent.
Four months after the Goods and Services Tax (GST) was rolled out, the panel headed by Union Finance Minister Arun Jaitley will look at the most comprehensive overhaul of rates, easing returns filing and providing more relief to small and medium enterprises.
Procedural simplification and rate cuts expected to soothe frayed nerves of small firms ahead of Gujarat polls next month; SMEs may be allowed to file only a single return, instead of four forms currently
Four months after the Goods and Services Tax (GST) was rolled out, the panel headed by Union Finance Minister Arun Jaitley will look at the most comprehensive overhaul of rates, easing returns filing and providing more relief to small and medium enterprises, official sources said.
Traders raised this demand as the 23rd meeting of the GST Council started in Guwahati today.
The Goods & Services Tax (GST) Council meeting is set to cut to rates on nearly 150-200 items in its two-day meet, which starts today in Guwahati.
Gandhi interacted with industry representatives and workers at Nirman Industries' loom factory in Katargam industrial development area after he arrived in the Surat city of the poll-bound Gujarat.
On Gandhi's another demand for bringing fuel under the ambit of the GST, a move which he claimed will make petrol and diesel cheaper, Goyal said if the Congress supports such a course at the GST Council, the government is willing to "move forward" in that direction.
To make the process simpler, small firms may be allowed to file of only one summary return form GSTR3B, doing away with filing of GSTR1, GSTR2 and GSTR3
A timeline of how events unfolded as the Narendra Modi government undertook a massive currency culling exercise.
Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every month. These forms detail outward supplies of taxable goods and/or services, inward supplies for claiming input tax credit and monthly return.
"Great Selfish Tax (GST) to harass the people. To take away jobs. To hurt businesses. To finish the economy. GoI totally failed to tackle #GST (sic)," she posted on Twitter.
The department found that small traders to big shopping malls and even multiplexes and prominent MNC food chains were allegedly indulging in this fraud, he said.
As it steps up the fight against illicit fund flows, so far names of around 2.24 lakh companies that have been inactive for long have been struck off from the official records and 3.09 lakh directors have been disqualified.
Athawale said he has planned the initiative to thank Prime Minister Narendra Modi for targetting black money through 'notebandi' last year, wherein high value currencies of Rs 500 and Rs 1,000 were withdrawn from circulation.
The panel -- which has been constituted with approval of Union Finance Minister Arun Jaitley -- includes other members like Araghya Sengupta (Research Director, Centre for Legal Policy), Vinod Jain (CA), Anuj Sahai (CEO of Federation of Indian Exporters Organisation) and Laghu Udyog Bharti President Om Prakash Mittal, CAIT said in a statement.